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Spaulding Smails

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Everything posted by Spaulding Smails

  1. I have bad news for you if you drive a Volkswagen, BMW, Honda, Mazda or Mitsubishi.
  2. I enjoyed an awesome lightning show last night at the ranch (western Kimble Co). I had to make a quick day trip up there to take care of a few things. It was ridiculously hot for May. About 6:30, the wind shifted and the clouds started to build off to the west. Awesome lightning to both the north and south. We had a few drops of rain, but not even really a trace. 15 miles north of us at Ft McKavett, they had 1.3". Go figure.
  3. This is me. I ran a sub 20 5K last week. But, I've actually gained a few pounds since mid-March. Feel great, but gotta start backing off the drinking. Been every damn day. Like many, this has been a nice re-boot for our family. Spring is usually crammed full of baseball. I'm still working like normal, but the time back from no baseball is what's made a difference. We're going for walks in the evening. Fishing a few times a week. Swimming with the kids. From a work perspective, this has taught me that I can (and should) work from home more. As a business owner, I've always felt that I need to be present to set a standard of visible leadership. I was always the first one there and the last one to leave. That's going to change. I'm implementing a self-imposed "work from home Wednesday" policy. It'll be a nice mid-week change of pace. I can still work a full day, but be around the house and not lose two hours of my day on the road.
  4. That seems pretty high. I would guess $125/SF for the pool (assuming average depth, normal tile, coping, no huge equipment upgrades, etc). Add $15K for the spa. So, I think your $80K budget is reasonable. Do you have crazy logistical challenges like a steep hill or did you add any other flatwork or outbuildings that would drive the price up?
  5. Ha! Yes we did. Good memory. I forgot about that. The old place was fine, but this one is a whole different level.
  6. Hopefully taking my son here in a few weeks. Need to firm up details. A good friend has this place on the LM at the north side of Baffin. Incredible place.
  7. This is the exact reason we went with a traditional system instead of the saltwater.
  8. Ski Shores had the best burgers in town before Austin Java bought them. At least, that was my opinion after being on the lake all day and drinking 18 Natural Lights in the sun. I went a few years back, and it just looked and felt sterile and contrived. Wasn't the same as the dive joint with a low ceiling, no AC and walk-up window.
  9. That's a good question. I think I saved about 20%. We had some wild estimates from other pool companies before we went this route. We had one company quote us $600K for the pool and pool house. We added a second structure (guest house) and I was able to do it for less than half that amount. It was a unique circumstance where I had access to experienced pool guys for layout, excavation and stonework through a friend of mine. I basically used his guys on loaner for a few months and paid them hourly. He had a big slowdown in work, so it kept them busy and saved me some money. Margins are surely higher in the pool business, but I know I probably paid a premium because I was a one-off client for the work that I subbed out. Pool rebar, pool plumbing, gunite and plaster were all trades that I don't use and didn't have relationships with. That stone work was very detailed and drove the cost up as well. If I had to build the same pool over again, I think I could do it for $20K less. Like I said in the previous post, the start-up and verification that systems were installed correctly was (and still are) probably my biggest hurdle. I'm still not 100% sure on that front. It would be nice to be able to call someone to get it all set up. The biggest thing that my specific background helped with were the schedule / logistics (we did the whole thing in under 90 days... even with the Rona and the rain). We also had some tricky details with the stonework, and I spent a lot of time getting the foundation right, ensuring all of the elevations tied in correctly to the flatwork and adjacent structures (both new) and making sure that everything was cohesive. We also had a ton of drainage to re-route. Building a standalone pool on flat ground in an open area is pretty straightforward with good subs. It's all the other bullshit that makes it challenging.
  10. This is 100% me. My wife is a phenomenal cook, and loves to bake. So, I've upped the miles to offset. Over the last 45 days, I've run almost 250 miles. But, I've eaten dessert probably 43 of those 45 days and consumed alcohol 40 of the 45 days.
  11. We set it up so that the gas heater is primarily for the spa and the heat pump / chiller is primarily for the pool. The intent is that you quickly warm up just the spa for a few hours, but you run the heat pump to increase the temp of the pool during the shoulder months so we can use it longer. That's good to hear about the minimal impact on the electric bill. The chiller portion was an upgrade. It may have been a bad decision, but we'll see. I have yet to talk to anyone who has any experience with it, and the limited reviews that I've seen online are all pretty pour. Definitely a roll of the dice. The pool is 75 right now, so I'm going to crank up the heat pump next week to see if we can get it up to the low 80s. Would like to have a pool in the 82-86 range for the duration of the summer.
  12. They're definitely around Central Texas in the wild. Just not very common. I saw one about six years ago along Onion Creek then another near my house about a year ago. There must've been a decent sized group of them at our deer lease when I was a kid because they were a pretty common occurrence when sitting in the deer stand. I don't think they're endangered, but certainly not common in this area. Cool find.
  13. Bump. Just filled up the new pool this weekend. Got the pumps running yesterday and first round of chemicals in. I GC'd this myself (I own a construction company). All in all, things went well, but I don't have the typical lifeline of a pool builder for some of the technical stuff and routine bullshit questions. Surly to the rescue. -How long before swimming? Pool plumber said a week. Pool chemical lady said 30 days. Plaster guy said a few days. My kids are chomping at the bit to jump in. -Any recommendations for Pentair Screenlogic Connect setup? Both the plumber and electrician weren't comfortable setting it up. -Anyone have any experience with a heat/cool pump? I purchased a Pentair UltraTemp 140K BTU Heat & Cool Pump with the goal of cooling the pool down some during the summer months. Plumber did a great install, but admittedly had no experience using them or setting them up. The pool chemicaly lady confirmed that it is installed correctly, but also has no experience with this particular unit. Anyone have any info / feedback on this?
  14. I am relatively certain that only W2 wages qualify for loan forgiveness. Rent, utilities and W2 wages. No 1099 / subcontractor costs.
  15. That's no joke. Of the 15 hours, she drove for one. And hit a damn turkey. Needless to say, she hasn't driven it since.
  16. Nice. Thanks for the update. I ordered a Fox steering stabilizer yesterday. Going on next week. Thanks for the recommendation. I need to haul my Bobcat out to the ranch in a few weeks, so I want it on by then. I also had to order a new grille. We drove to Telluride in my truck for spring break. Got to the mountain the day they closed it. Stayed a day so the kids could play in the sun, then turned around and did a cannonball run back home the next day. That was the first Monday as shit was going crazy because of the rona. I had to get a letter out to my employees, so my wife drove for about an hour or so near Hobbs, NM. And she managed to hit a turkey. In broad daylight. On a flat road. My grille was jacked (though not as bad as the turkey). At least it didn't hit the LED lights. Putting on the new grille and adding some LED lights in the grille as well. I'm going to wait a few months before I explore a little lift and new shoes. May do a brush guard as well for future turkey encounters.
  17. Let me know how the ride improves. I have a 2019 F350 as well. About 50K miles. I've had the death wobble happen to me twice in the last month. I need to do something. I have an extra truck at the shop, so I may drop mine off for a bit and go ahead do some other stuff as well. Brush guard, LED lights in the grill, little lift, new rims and 35s.
  18. Do you have verification from the SBA on that? I know the $100K cap was in place for the front-end calculation, but my CPA said it's not a limiting factor for how the PPP gets spent / forgiven. I have four employees making over $100K, and we're assuming (again based on my CPA's feedback) that it's 100% forgivable. I also paid Q1 bonuses using those funds under the premise that it will be forgivable. With some of my guys, that doesn't put them over $100K, but for three that are in the $80K-$90K range, that amount when tacked on to their normal wages in the 8 week timeframe would push them well over the $1,923/wk mark.
  19. I had a call with my CPA about 10 days ago. He indicated that, at that time, the SBA had not yet released specific guidelines and definitions for these expense categories. I asked him about a few items like fuel, and his advice was to not push it. Roll with what you're sure qualifies, and avoid raising any eyebrows or encouraging an audit. My immediate question was around cell phone service. I can see that as closer to the definition of "utilities" than fuel for vehicles and equipment. If anyone has more insight here, I'm all ears.
  20. Well I'll be damned. I've been in construction for 20+ years and I've never realized that I've been spelling that wrong. Damn, do I feel like a dumb ass.
  21. Years ago, I built two blinds using masonry scaffolding as the base. I got some used scaffolding pretty cheap from a sub that was downsizing. 5' x 7' was the dimensions of the blind. Easily fit two adults. Built the walls at home, stacked them flat on a trailer with the scaffolding, then erected it and tied it all together with one other guy at my lease. Did the roof framing, decking and down corrugated tin on site. Pretty easy and pretty cheap and lasted for several years.
  22. I've heard hedge trimmers work well. In all seriousness, if your new appliance has a trim that's going to hide imperfections, just use a jigsaw or fine tool. If it's going to be visible, try to use a track saw of clamp a guide to the edge that you can use to run a straight line with a router. If it can be removed and you can work it on a bench then reinstall it, that would be ideal.
  23. Our AR is up 27% MOM. On one hand, that's good because we're continuing to invoice. On the other hand, it's bad because we went from 21% past due to 36% past due. Money has definitely slowed. I've had two commercial clients (one hospitality, one personal services) ask for extended terms or at least deferred payments. We extended terms by 30 days for each but told them an intent to lien would be filed if we didn't receive payment. Earlier this month, we waived the processing fee for all clients. This has helped keep cash flow in check, but has degraded margins. I'm guessing our AR would be up closer to 40% if we hadn't taken those measures. That's not an option for all businesses, but may be a viable alternative if anyone needs an boost to cash flow.
  24. Can you send pics of the interior and exterior of the existing door? You may want to consider that you'll probably have to re-mortise for hinges on the existing jamb, so replacing trim and lowering the header with a strip of 1X material would be pretty simple as long as your interior and exterior conditions don't cause that to open a can of worms.
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